There is no doubt that in the Digital Era, the world is moving progressively towards the ideal of perfect information. Technology opens up endless possibilities for information sharing, and as information consumers we naturally crave more and more of it as rapidly as possible. A key focus of the IDB Group’s Institutional Strategy recognizes an important aspect of this trend. … [Read more...] about The Race Is On: Sprinting Towards Transparency in Development
Beyond development effectiveness
During this unprecedented global health crisis, a rapid and effective government response is crucial to minimize the negative impact of COVID-19. Clearly, having a solid health system and qualified personnel in charge is key. But efficient and transparent electronic-public purchasing policies are also important. The Inter-American Development Bank (IDB) works with national … [Read more...] about Evidence-based purchasing in times of COVID-19: Lessons from Argentina
When you think about Multilateral Development Banks (MDB) like the IDB, you normally think about public sector investment. But can the public sector arm of an MDB also mobilize private investment? The answer is yes. Here is how: Global challenges, changing demographics, and investment decisions If you had to go back in time to 1980 and had some extra cash to invest, you would … [Read more...] about Boosting impact of development projects in the public sector with private investments
What do nearly 200 CEOs of the world’s biggest companies have in common? They have recently committed to run their businesses for the benefit of all stakeholders–customers, employees, suppliers, communities, and shareholders. This high-profile declaration echoes mounting interest across the corporate and investment worlds in achieving positive social and environmental impact … [Read more...] about Measuring impact is key to meet the Sustainable Development Goals
Does it happen to you that you carry an umbrella almost always in case it rains, and never need to use it except -of course- when it’s raining, and it’s precisely then that you realize that you forgot it? Isn’t it the case on any given day walking outside, that we are willing to pay more for an umbrella when it is pouring than when it is sunny? The umbrella is a device that … [Read more...] about Are multilateral banks really supporting countries in times of need?